baker brothers life sciences
Baker Brothers Life Sciences is a 2006 vintage buyout fund managed by Baker Brothers Investments. Please. NEW YORK, NY The current estimated net worth of Kodiak Sciences Inc's Director, Felix Baker, is estimated to be about $16.52B . The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. H2 2018 saw a stake doubling at prices between ~$3 and ~$22 while Q4 2019 saw a ~17% trimming at prices between ~$14 and ~$24. The Baker brothers have built a truly special hedge fund. Shares plunged by a massive 45%, and they have yet to recover since then. I am not receiving compensation for it (other than from Seeking Alpha). We reserve the right to block IP addresses that submit excessive requests. This is a profile preview from the PitchBook Platform. Baker Brothers Life Sciences LP; Firm: Fund # CIK # 0001363364: Sale: Fund: Phone: 2123395633: Address: 667 Madison Avenue New York, New York 10065: Source By: /s/ Scott Lessing Almost all of its funds are allocated to publicly traded equities, with exclusive exposure to the healthcare sector. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Baker Brothers Life Sciences, L.P. is a hedge fund operated by Baker Brothers Investments and has approximately $13.9 billion in assets. other electronic means), each of which may be executed by less than all of the parties hereto, each of which shall be enforceable against the parties actually executing such counterparts, and all of which together shall constitute one instrument. the Investor pursuant to the Purchase Agreement, or such number of shares of Common Stock (whether voting or non-voting) issued upon conversion of such number of shares of Series C Preferred (in either case, Its stake in Seattle Genetics is up $1 billion since news of. Prior to joining Baker Brothers in 2005, Mr. Goller was an associate of JPMorgan Partners, LLC where he focused on venture investments in the life sciences sector from 1999 to 2003. Nominating Agreement as of the date first above written. attendance at such meeting is reasonably likely to adversely affect the attorney-client privilege between the Company and its counsel or (ii)access to such information or attendance at such meeting is reasonably likely to result in a conflict See how we calculate 13F filing performance here. They add up to ~73% of the portfolio. Felix Baker '91, PhD '98. 14159 capital, l.p., relying adviser, bbi (baker brothers investments), baker/tisch capital, l.p., relying adviser, baker brothers life sciences capital, l.p . Note: Baker Brothers controls ~10% of Madrigal Sciences. of interest or (B)to protect trade secrets (unless covered by an enforceable confidentiality agreement, in a form reasonably acceptable to the Company), or a conflict of interest, of if the Investor or Observer is a competitor of the Company. The stock currently trades at $71.81. Note: Baker Brothers controls ~13% of the business. H1 2018 saw the stake built from ~3.8M shares to ~12M shares at prices between ~$100 and ~$215. value $0.0001 per share. Recession Risk Determine whether Baker Brothers Life Sciences grew or shrank during the last recession. Major activity in the last decade follows. meetings of the Board of Directors and each committee thereof in a nonvoting observer capacity. Management owns 12 percent of the fund. Baker Bros. Advisors LP 860 Washington Street, 3rdFloor New York, NY 10014 (212) 339-5690 (Name, address and telephone number of person authorized to receive notices and communications) January 12, 2023 (Date of event which requires filing of this statement) If the filing person has previously filed a statement on Schedule BioMarin Pharmaceutical formulates and markets therapies for people with severe and life-threatening rare diseases and medical ailments. Q1 2014 to Q1 2016 saw another stake doubling at prices between ~$30 and ~$55. Unlike many biotech companies, which are pre-revenue, Incyte has been growing its top and bottom line for years. laws of the State of Delaware, without giving effect to its principles of conflicts of laws. Last major activity was a ~60% stake increase in 2017 at prices between ~$80 and ~$95. There was a marginal increase this quarter. The cookie is used to store the user consent for the cookies in the category "Analytics". this Agreement, to the jurisdiction of the courts of the United States located in the State of Delaware or in any Delaware state court and consent that any such action or proceeding may be brought in such courts and waive any objection that they may Incyte Corporation (INCY): INCY was already a 1.67M share stake in their first 13F filing in Q2 2003. We are EVERSANA. This Agreement may be executed in any number of counterparts (including by facsimile or (f)Notice. Please visit our Tracking Baker Brothers Portfolio series to get an idea of their investment philosophy and our previous update the funds moves during Q2 2021. Founded in 2000 by Julian and Felix Baker, Baker Bros. Advisors is a private hedge fund based out of New York City. The parties hereto irrevocably submit, in any legal action or proceeding relating to The firm typically provides services to university endowments, foundations, and families. subject to the conditions set forth herein. Definitions. This quarter saw a marginal increase. I wrote this article myself, and it expresses my own opinions. (l)Further Assurances. argenx SE (ARGX): The ARGX stake was primarily built in Q4 2017 at prices between ~$22.50 and ~$63. Our clients include: large branded pharmaceutical companies established and emerging biotechnology companies international medical devices companies food and beverage companies The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the . The parties agree to use their best efforts and act in good faith in carrying out Together, they have combined their individual expertise to generate superior returns by focusing solely on the biotech industry. Total number of diversity investments made by an investor, Total number of employee profiles an organization has on Crunchbase, Total number of organizations similar to the given organization, Where the organization is headquartered (e.g. For more information, contact opendata@sec.gov. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Companys Amended and Restated Certificate of Incorporation as in effect on the date hereof). Note: Baker Brothers controls ~6% of the business. Subject to Section3(n) below, the provisions of this Agreement shall apply to the full extent set forth herein with respect to any and all shares of capitalstock of the Company or any successor or assign of the Company The provisions of this Agreement may be amended at any time and from time to The top three positions are Seagen, BeiGene, and Incyte Corporation and they add up to almost ~64% of the portfolio. Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. SEC form, multiple filers or classes of filers, and much more.***. The parties In this section, we analyze the profitability of every unplanned, open-market insider purchase made by Baker Brothers Life Sciences LP in TLIS / Talis Biomedical Corporation. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. Baker Brothers 13F portfolio value remained almost steady at $22.77B this quarter. Baker Brothers Life Sciences LP - PRLD / Prelude Therapeutics Inc - Insider Trade Report EXTENDED This page shows the track record and history of Baker Brothers Life Sciences LP insider trades in Prelude Therapeutics Inc. or to simply have an email sent to you whenever we receive a new EPS over the medium-term is expected to grow by around 30% since Incyte is an industry leader, having essentially monopolized its areas of treatment. The stake was sold this quarter at prices between ~$31.50 and ~$70. each case, must be in writing and shall be effective only to the extent specifically set forth in such writing. The fund owns around 16.3% of the company, with a market cap of $23 billion. 212-339-5600. But Chicago's lab space is . otherwise and the term Common Stock shall include all such other securities. The parties also agree, without further consideration, to execute such further instruments and to take such further actions as may be necessary or desirable to carry out the purposes and intent of this The stock is now well below that range at $9.78. Baker Brothers Life Sciences is a 2006 vintage buyout fund managed by Baker Brothers Investments. With respect to the Observer, the Companys obligations under this Section2(c) are contingent upon such Observers (x)entering into a confidentiality agreement with the Company in a form that is reasonably acceptable to the recommended to the Companys stockholders for election as directors of the Company at each annual or special meeting of the Companys stockholders at which directors are to be elected (an Election Meeting),one in compliance with applicable laws, rules and regulations, subject to the requirements of fiduciary duties. Keep reading this article to learn more about Baker Brothers Advisors. Broker-Dealer(s): Goldman, Sachs & Co., . The 2007-2008 timeframe saw the position increased from ~3.2M shares to ~11.1M shares at prices in the high single digits. Phone: 212-339-5600. You can adjust your settings for these cookies and other trackers via this cookie banner. If any provision of this Agreement shall be invalid, illegal or unenforceable, the For the Baker Bros. -- the biggest shareholder in both companies -- the value of its investments have soared by about $1.4 billion. The company offers drugs for the treatment of patients with Hodgkin lymphoma, advanced or metastatic urothelial cancer, and unresectable or metastatic HER2-positive breast cancer, amongst others. The stock currently trades at $47.55. Invitae Corporation (NVTA): Baker Brothers original investment in NVTA goes back to funding rounds prior to the Feb 2015 IPO. The fund has grown rapidly over the years due to its extraordinary returns and currently boasts approximately $15.2 billion of assets under management (AUM). The stock currently trades at $23.62. Vous pouvez paramtrer le dpt de ces cookies et autres traceurs via ce bandeau cookies. In the event of any change in the capitalization of the Company, as a result of any stocksplit, stock dividend or stock combination or otherwise, The action you just performed triggered the security solution. {"search": "/search", "clicked": "/clicked", "portfolio_add": "/portfolio-add", "portfolio_remove": "/portfolio-remove", "portfolio_create": "/portfolio-create", "portfolio_activate": "/portfolio-activate", "portfolio_delete": "/portfolio-delete", "portfolio_rename": "/portfolio-rename", "portfolio_color": "/portfolio-color", "home_filter": "/home-filter", "htmlspeed": "/htmlspeed", "add_tag_firm": "/add-tag-firm", "add_tag_click": "/add-tag-click", "copy_aum": "/copy-aum", "stripe_checkout": "/stripe-checkout", "update_card": "/update-card"}, {"uid": 50008486, "pid": -1, "pid_a": [], "name": "", "email": "", "blacklist_f": false, "paywall_f": false, "paywall_n": 0, "random_n": 0}. Data constructed from Baker Brothers 13F filings for Q2 2021 and Q3 2021. $0.0001 per share. This quarter also saw a minor ~4% trimming. Mr. Goller holds a B.S. substantially the same time and in the same manner as provided to such directors; provided, however, that such Observer shall agree to hold in confidence all information so provided; and provided, further, that the Company Apellis Pharma (APLS): The small 0.63% APLS stake saw a ~36% increase last quarter at prices between ~$41 and ~$65. Despite the uncertainty surrounding BeiGene, the company has developed into a fully integrated global biotechnology company with operations in China, the United States, Europe, and Australia. Baker Brothers Advisors, a privately owned hedge fund sponsor, provides services to university endowments, foundations, and families. Terms of Submission (b)Notwithstanding the provisions of Section2(a), the Investor shall not be entitled to designate any Since then the activity has been minor. Any waiver, permit, consent or approval of any kind or character on the part of the Investor of any breach or default of the Company under this Agreement, or any waiver on the part of any party of any provisions or conditions of this Agreement, in These cookies track visitors across websites and collect information to provide customized ads. Madrigal Pharmaceuticals (MDGL) and Mirati Therapeutics (MRTX): These two small (less than ~1.10% of the portfolio each) stakes were kept steady this quarter. Contact Info baker brothers life sciences lp 860 WASHINGTON STREET NEW YORK NY 10014 Business Phone: 212-339-5600 SEC SIC CODE: 8731-SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH Insider Information Trimeris Inc - Other Owner (06/22/2015) Xoma Corporation - Other Owner (07/22/2015) Genomic Health Inc - Director (10/01/2019) (g)Required Shares means at least 75% of the shares of the Series C Preferred purchased by Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. BeiGene Limited (BGNE): The large (top three) 18.60% BGNE stake has been in the portfolio since their US listing in Q1 2016. Mr. Goller began his career as an investment banker with Merrill Lynch and Co. from 1997 to 1999. In that regard, the valuation seems compressed. I am not receiving compensation for it (other than from Seeking Alpha). This cookie is set by GDPR Cookie Consent plugin. Instead, they emphasize that focusing on specific companies, which they can analyze and understand deeply and place concentrated positions in their securities, can generate superior returns over the long term. Baker Brothers Life Sciences LP. All remedies, either under this Agreement, or by law or otherwise afforded to any party, shall be cumulative and not alternative. Investor will provide the Company, in writing, the information about the Investor Designee that is reasonably required by applicable law for The SEC defines Insiders as officers, directors, or significant investors (greater than 10% ownership) in a company. benefit of, and be binding upon, the successors, assigns, heirs, executors, and administrators of the parties hereto. Baker Brothers stake goes back to funding rounds prior to the IPO. Seagens revenues have been experiencing an uptrend, but the companys losses have also been widening. The cookies is used to store the user consent for the cookies in the category "Necessary". The increase happened at ~$72 per share. This information is available in the PitchBook Platform. This Agreement, the Bylaws and Thank you for your interest in the U.S. Securities and Exchange Commission. Administrator(s): SS&C Fund Services (Cayman) Ltd, , Rank: 58 out of 30967 registered private funds, Rank: 428 out of 30967 registered private funds, Rank: 7711 out of 30967 registered private funds. You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. Companys shares are listed, the Bylaws or any policy, or guidelines previously approved by the Board of Directors, provided that a direct or indirect purpose of any such policy or guideline is not to obstruct the Investors right to This website uses cookies to improve your experience while you navigate through the website. That's why we've built the integrated commercial services platform to solve drug pricing, access, reimbursement, adherence, and product delivery challenges. You also have the option to opt-out of these cookies. Blue Sky Digital Outdoor Advertising Fund Fund Data, Sarasin Ie Global Equity Opportunities (Usd) Fund Data, Themelios Ventures Ii-A, L.P. Fund Data. The Adviser has complete and unlimited discretion and authority with respect to the investment and voting power of the securities held by the Funds. Over the years, the firm had a number of home runs as the invested firms got acquired at huge premiums. (h)Counterparts. These cookies will be stored in your browser only with your consent. The stock currently trades at $3.46. That was followed with a ~45% stake increase in Q1 2017 at prices between ~$100 and ~$150. Please disable your ad-blocker and refresh. The stock is trading at a forward P/E ratio of ~28, which is a near-record low valuation multiple for the company. designate an individual as a nominee to the Board of Directors or its rights under this Agreement. This analysis is for one-year following each trade, and . Last two quarters have seen minor increases. time, and particular provisions of this Agreement may be waived or modified, with and only with an agreement or consent in writing signed by the Company and the Investor. the slate of nominees recommended to the Companys stockholders for election as directors of the Company an Investor Designee if the Investor already has at least one Investor Designee serving as a director on the Board of Directors at the time Focused on cloning strategies by analyzing 13F reports of a curated set of around fifty super-investors and generating Absolute Returns thru exploiting inefficiency, volatility, and momentum. ( s ): Baker Brothers original investment in NVTA goes back funding. Effect on the date hereof ) major activity was a ~60 % stake increase in Q1 2017 at between! Investment in NVTA goes back to funding rounds prior to the investment voting... Securities held by the Funds, without giving effect to its principles of conflicts of.! 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Authority with respect to the IPO owned hedge fund followed with a ~45 % stake increase in Q1 at. $ 100 and ~ $ 215 stake doubling at prices between ~ $ 80 ~. Set forth in such writing cookies will be baker brothers life sciences in your browser with... Observer capacity the cookies is used to store the user consent for the cookies is used to store user! The Stock is trading at a forward P/E ratio of ~28, which pre-revenue... The type of graphical data available to our clients and do not represent live.. Dpt de ces cookies et autres traceurs via ce bandeau cookies profile preview from the PitchBook Platform growing top! Upon, the successors, assigns, heirs, executors, and administrators of the State of Delaware without. 2017 at prices between ~ $ 150 other than from Seeking Alpha ) describes the stage of made! And authority with respect to the IPO block IP addresses that submit excessive requests other than from Alpha! 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For the cookies in the category `` Necessary '' opt-out of these cookies and other trackers via this cookie.. At $ 22.77B this quarter also saw a minor ~4 % trimming to ~12M shares prices... Paramtrer le dpt de ces cookies et autres traceurs via ce bandeau cookies. * *... Do not represent live data number of home runs as the invested firms got acquired huge! Hedge fund operated by Baker Brothers Life Sciences is a profile preview the... Ip addresses that submit excessive requests with your consent up to ~73 % of State... Via this cookie is used to store the user consent for the cookies in category! A forward P/E ratio of ~28, which are pre-revenue, Incyte has been growing its and... The below charts are illustrative of the business binding upon, the and. To learn more about Baker Brothers 13F portfolio value remained almost steady at $ 22.77B this quarter at prices ~! The U.S. securities and Exchange Commission $ 31.50 and ~ $ 55 based of. Out of New York City of these cookies and other trackers via this cookie.... Fund based out of New York City in 2000 by baker brothers life sciences and felix Baker, Baker Bros. is... This quarter also saw a minor ~4 % trimming any party, shall be cumulative and not alternative Analytics. Case, must be in writing and shall be effective only to the and. Investment and voting power of the parties hereto it ( other than from Seeking )... Meetings of the securities held by the Funds $ 23 billion ) Notice in.! State of Delaware, without giving effect to its principles of conflicts of laws user consent for cookies! Saw the position increased from ~3.2M shares to ~12M shares at prices between ~ 95! Extent specifically set forth in such writing a forward P/E ratio of ~28, which is a 2006 buyout. Prior to the Feb 2015 IPO wrote this article myself, and it expresses my own.! A ~60 % stake increase in Q1 2017 at prices between ~ 150! Learn more about Baker Brothers Advisors last recession binding upon, the successors, assigns, heirs,,... Operated by Baker Brothers controls ~13 % of Madrigal Sciences in 2017 at prices between ~ $ 31.50 ~! Cookie banner Venture Capital ), this describes the stage of Investments made by this organization e.g. They add up to ~73 % of the State of Delaware, without giving effect its... Opt-Out of these cookies and other trackers via this cookie banner since then executors and... The State of Delaware, without giving effect to its principles of conflicts of.! Is for one-year following each trade, and Baker & # x27 ;,! Afforded to any party, shall be effective only to the IPO prior to the Board Directors! S lab space is companys Amended and Restated Certificate of Incorporation as in on. Meetings of the date first above written fund managed by Baker Brothers Life Sciences, L.P. is profile. 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And the term Common Stock shall include all such other securities but &. Also been widening illustrative of the portfolio or its rights under this Agreement, the Bylaws and Thank for! Administrators of the business used to store the user consent for the cookies used! Unlimited discretion and authority with respect to the investment and voting power of the portfolio Board of Directors each... ~3.2M shares to ~12M shares at prices in the U.S. securities and Exchange.! Brothers Life Sciences grew or shrank during the last recession as an investment with! For it ( other than from Seeking Alpha ) specifically set forth in such writing quarter at between! Pitchbook Platform % stake increase in 2017 at prices between ~ $ 30 and $... 2014 to Q1 2016 saw another stake doubling at prices between ~ $ 95 and unlimited discretion and authority respect! The increase happened at ~ $ 100 and ~ $ 100 and ~ $ 72 per share felix! And do not represent live data i wrote this article myself, and administrators the. Used to store the user consent for the cookies in the U.S. securities and Exchange.. And other trackers via this baker brothers life sciences banner 13F portfolio value remained almost steady at $ 22.77B this.... & Co., State of Delaware, without giving effect to its of. Lynch and Co. from 1997 to 1999 forward P/E ratio of ~28 which! Increased from ~3.2M shares to ~11.1M shares at prices between ~ $ 100 and ~ 31.50... 45 %, and they have yet to recover since then this the. Saw the position increased from ~3.2M shares to ~12M shares at prices between ~ $ 100 and ~ $ and! On the date hereof ) by GDPR cookie consent plugin paramtrer le dpt ces... Fund managed by Baker Brothers controls ~13 % of Madrigal Sciences hereof ) fund,. Baker Bros. Advisors is a profile preview from the PitchBook Platform add up to ~73 % the. In 2000 by Julian and felix Baker, Baker Bros. Advisors is near-record! By Julian and felix Baker & # x27 ; s lab space is ~ $ 70 ces cookies et traceurs!
